Subd. 1. Applicability.

For the purposes of this chapter, the terms in this section have the meanings given them.

Subd. 2. Authority.

"Authority" means the Minnesota Science and Technology Authority.

Subd. 3. Eligible recipient.

"Eligible recipient" means an entity primarily operating to create and retain jobs in the state's industrial base and maximize the economic growth of the state through:

1. (1) high-technology research and development capabilities;
2. (2) product and process innovation and commercialization;
3. (3) high-technology manufacturing capabilities;
4. (4) science and technology business environment; or
5. (5) science and technology workforce preparation.

Subd. 4. Advisory commission.

"Advisory commission" means the advisory commission under section 116W.051.